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    3605 Cahuenga W Blvd Los Angeles, CA 90068-1205

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    Property profile & analytics

    3605 Cahuenga W Blvd Los Angeles, CA 90068-1205

    View on Map
    • Investment properties
    • 2,206 SF
    • 0.09 lot acres
    Off-Market
    Property ID
    US09-8135766
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Abogados De Inmigración en Los Angeles / Law Firm
    • Mariela Camisassa Law / Law Firm
    • Atlas Digital / Film Production / Television Studio
    • Pilotware Systems Inc / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 3605 Cahuenga W Blvd

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.09 lot acres
    Property size
    2,206 SF
    Zone code
    LAC2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    2425-005-015
    APU
    2425005015

    Description

    This exceptional 760-square-foot executive office space is available for lease in Universal City, Los Angeles County, California. Located at 3605 Cahuenga Blvd W, zip code 90068, this single-tenant property offers a complete and ready-to-occupy solution for businesses seeking a prestigious address. The property is classified as both retail and office space, making it versatile for a range of professional uses. The entire 760 square feet is currently vacant, providing immediate occupancy for the new tenant. Two parking spaces are included, available at a rate of $100 per car. This location in Universal City offers excellent access to major transportation routes and is situated within Los Angeles County, providing convenient access to a wide range of amenities and services. The property's classification as an "Executive Office" suggests a high-quality finish and a professional environment. This is an ideal opportunity for a business seeking a well-located, move-in ready office space in a vibrant and desirable area. The property is ready for immediate occupancy. Interested parties should inquire promptly.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $745,000
      6.5%
      $685,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $539,000
      Market price range: $146k - $539k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $660,000
      Current use
      OFFICE BUILDING
      $1,105,000
      Change: +68% Conversion: Easy
      MEDICAL BUILDING
      $1,005,000
      Change: +52% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $935,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $905,000
      Change: +37% Conversion: Easy
      WAREHOUSE, STORAGE
      $615,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.36
    Latitude
    34.1342
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,318
    $1,125,810
    $268,048
    $1,393,858
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $13,210,000
      42,308 SF

      1963 Cahuenga Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 42,308 SF
      1963 Cahuenga Blvd, Los Angeles, CA 90068-3852
      View Details
    • Value Estimation by Request
      1,922 SF

      3445 Cahuenga W Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,922 SF
      3445 Cahuenga W Blvd, Los Angeles, CA 90068-1329
      View Details
    • Value Estimation by Request
      2,204 SF

      1915 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,204 SF
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      View Details
    • Value Estimation by Request
      2,004 SF

      3226 Barham Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,004 SF
      3226 Barham Blvd, Los Angeles, CA 90068-1402
      View Details
    • Value Estimation by Request
      899 SF

      3357 Barham Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 899 SF
      3357 Barham Blvd, Los Angeles, CA 90068-1446
      View Details
    • Value Estimation by Request
      1,530 SF

      3278 Cahuenga E Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,530 SF
      3278 Cahuenga E Blvd, Los Angeles, CA 90068
      View Details

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      Office Spaces for Lease

      Office spaces available, ranging from 1,150 to 3,453 SqFt.
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    Los Angeles, CA 90068-1205
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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